568-570 Niagara St - Storefront Retail/Residential FOR SALE


Buffalo, NY 14201- Front Park
$595,000 USD
716-465-2063
568-570 Niagara St, Buffalo, NY for Sale
$595,000 USD
Storefront Retail/Residential - FOR SALE
1/16
null | Request Cap Rate

568-570 Niagara St
Buffalo, NY 14201
Front Park


OVERVIEW

Mixed-use building located at 568 Niagara Street, situated between Porter Avenue and Jersey Street, for sale. This price includes the business and equipment. This 5,100-square-foot property features the Nickel City Mini Mart and 4 residential apartments. The current gross monthly income is well below market rent, though there is significant upside as the apartments are currently under-rented to family members. Recent updates to the building include a total roof tear-off completed four years ago, as well as updated furnaces and electrical systems. Additionally, the owner recently installed a 12-foot hood with an Ansul system, adding significant value for potential food takeout operations.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,488 SF

ZONING

N-2C

APN/PARCEL ID

140200-099-830-0007-023-000

ASK ABOUT THIS PROPERTY

Joseph FarrautoHunt Real EstateMore Info
716-465-2063

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Joseph FarrautoHunt Real EstateMore Info
716-465-2063

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.